AAP R/4(R) Accounting Professional Version 7.0 is accredited and approved by Inland Revenue Authority of Singapore (IRAS) on 1 Sept 2009.

Accounting software is a helpful tool to assist businesses to improve their record keeping practices and tax compliance. To encourage businesses to use accounting software, IRAS has partnered Infocomm Development Authority of Singapore (IDA) to provide a subsidy scheme. From 1 Jul 2009 till 31 Mar 2012, GST-registered businesses can apply to IDA for a grant to defray the costs of purchasing accounting software that are listed in the IRAS’ Accounting Software Register.

Scope of the Scheme

GST-registered businesses which qualify under this scheme will receive a subsidy of up to 50% of the cost of the accounting software and for costs related to installation/deployment and training on use of the software, up to a maximum of S$1,500.